The Producer Price Index for November slipped 0.2%; economists were expecting a decline of 0.1%. A month earlier, the measure increased 0.2%.

Crude oil prices sank further after the International Energy Agency cut its forecast for oil demand in 2015 by 230,000 barrels a day to 900,000 barrels. This is the IEA's fifth time it has slashed its forecast in six months.

West Texas Intermediate crude was down 0.93% to $59.39 a barrel. On Thursday, the commodity slipped below $60 a barrel for the first time since July 2009. Prices are now down 44% from a mid-summer peak.

Adobe (ADBE) shares surged 6.3% in premarket trading following a fourth-quarter earnings beat and the announcement it is buying stock image company Fotolia for $800 million. The deal is expected to close in the first quarter of 2015.

United Technologies (UTX) was 2.2% lower after guiding for earnings next year below analysts' estimates due to lower expected sales at its Pratt & Whitney military unit.

SeaWorld (SEAS) shares were higher after the marine park operator said it plans to deliver $50 million in expense cuts by the end of 2015 and was on track as it implements restructuring across all 11 theme parks.

GoPro (GPRO) was up 4.1% after JPMorgan upgraded the stock to "overweight" from "neutral" and maintained its $70 price target.